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Non-Tech : Amati investors

AMTX 1.620

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3:59 PM EST

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To: pat mudge who wrote (29469)	11/29/1997 7:43:00 PM
From: Galirayo	Read Replies (3) of 31386

[ SSPIF & TA ] Hi, Pat. I hope you are having a Wonderful Thanksgiving / Shopping weekend. I know most are ... Hey, that #$%@*^ just took my parking space. :)) I read your post earlier today and have been looking closely at the chart. I have not been able yet to get it all assimilated yet. I think this is throwing me a bit. Take a peek at this chart. It shows Money Flow. When there is a Big selloff like the one that started with SSPIF on 10/15 ... Where it went from a high of 8.25 to a low 4.75 on 11/14. In about 30 days it dropped over 40% in the range. This kind of selloff should have put a Huge dent in the Money Flow. But no, not here. It's unusual. It looks .. how should I say it .. Someone wanted to buy in cheap?? chart2.bigcharts.com I'm still looking at it but I wanted to show you this in the meanwhile. It's moving in a pattern consistent with a Momentum move not a bounce so I'd expect it to be more predictable. It's getting the start of a nice CUP shape and building some momentum. chart2.bigcharts.com It may encounter resistance on the 200DMA now near $6.22. I'd start watching it closely below that .. say $6.00. It should make another nice move after it crosses the 200 and consolidates a bit to rest above the 200. The 50DMA crossing downward thru the 100DMA is a bit of concern short term but I'm guessing you are playing much longer term. Lots of resistance after $6.00. Expect some consolidation here unless the Triggers start to fire about the time it's crossing resistance. Volatility is an indicator to watch ... it looks good today. I'd guess the current trend continues. But keep watching Volatility. Here's the Fast Vol. chart2.bigcharts.com Slow Volatility. chart2.bigcharts.com Here is VAP .. Volume Accumulation .. It is a determining factor in the Money Flow indicator. chart2.bigcharts.com Here is the Big Charts URL again. www1.bigcharts.com Walt uses the 16,14,14 Stoch. It Triggered last week and is increasing. Big Charts can't reproduce that but their MACD is fairly close. chart2.bigcharts.com MACD 19,39,13 is on the Trigger Today. MACD 13,34,89 trigger should occur soon. OBV (on balance Volume) should trigger sooon. ROC or Rate of change is on a steady climb. Cumulative Money Flow is unbelieveable after the last 30 days price drop. It's at a 2 yr High. Looks Bullish to me short term. And Bullish longer term after it crosses to rest above the 200DMA. Slow and steady will get it there. BJCT looks Bullish too. chart1.bigcharts.com chart1.bigcharts.com BTW: Thank You Pat... For all* you have done for us readers here on the Amati Thread. Happy Holidays! Ray

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